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Search Results 0 to 32 of about 33 (some duplicates have been removed)
MSNBC
Jan 10, 2013 10:00am PST
. >>> minutes from now president obama is going to be nominating jack lew to replace tim geithner as his new treasury swuf state. stay with us for live coverage from the white house. next, the gunfight continues. joe biden sits down with the nra. stay with us. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. is a fantastic experience. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeƑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food differently. is efficiently absorbed in sm
MSNBC
Jan 10, 2013 1:00am PST
thing. they both belong to treasury secretary tim geithner, who by virtue of being treasury secretary is also the guy who gets to sign our money. when mr. geithner became treasury secretary, he changed his signature. he changed it from the rather lovely loop de loops on the left to the fifth grader's cursive timothy f. geithner you see on the right. here he is explaining why. >> i think on the dollar bill i had to write something that people could read my name. i didn't try for elegance. i just tried for elegance. >> because mrs. quigley, the first grade writing teach worry have given me an "f" on that. >> i took third grade in new delhi, india. >> whether it is foreign penmanship instruction or something weirder, tim geithner's changed signature never got nearly the attention that his successor's signature received. all of the media got fixated on a signature that is loopier than tim geithner's original signature. this is jack lew. all signs point to president obama say i knowing him to replace tim geithner. and if he is nominated and confirmed, that will mean that our money might en
MSNBC
Jan 12, 2013 5:00am PST
when the history books are written, tim geithner is going to go down as one of our finest secretaries of the treasury. [ applause ] >> there is no doubt that geithner's legacy will loom large over the obama administration and the american economy for years to come. starting with his role as head of the new york federal reserve, he was pivotal is the rescue regime and the ugly glory. he's been a lightning rod for criticism and apparent unwillingness to hold wall street accountable for the financial crash. those choices have reprecushions to day for the millions of workers and borrowers. he rescued the giant aig was is appreciate fwhad company that aig is airing commercials thanking american people for their generous assistance. >> we're a leading global company in america. >> we paid every dollar america lent to us. >> everything plus a profit of more than $22 billion. >> for the american people. >> thank you, america. >> not everyone at aig, however, is to grateful. the company's former chairman hank greenberg is suing the federal government for making the terms of the bai
MSNBC
Jan 9, 2013 10:00pm PST
that the president plans to announce jack lew to replace tim geithner. the president is expected to do that tomorrow. and hilda solis announced she will resign, while attorney general eric holder announced he will stay on for a second term. jay carney was asked this question about jack lew. >> working on a signature. >> the treasury secretary's signature, you see, appears on all reserve notes, dollar bills during his tenure. here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the very neat, very legible cursive in the right-hand corner. tim geithner said he was forced to change his signature before it was fit to print. richard wolfe, when i was chief of staff at the senate finance committee, we of course had to confirm treasury secretary. and i had when i was all done --
MSNBC
Jan 11, 2013 9:00pm PST
goodbye to the only treasury secretary he has ever known as president, tim geithner. and in so doing, president obama uttered a phrase that i have never heard before. i definitely never heard it in washington. but this saying is apparently common inside the u.s. department of the treasury, and it has now been liberated outside of its walls. >> there is an unofficial saying over at treasury -- no peacocks, no jerks, no whiners. that would be a good saying for all of washington. no peacocks, no jerks, no whiners. few embody that ideal better than tim geithner. >> tim geithner looks like he is about to explode with laughter listening to the president say that but the phrase is no peacocks, no jerks, no whiners. i mean jerks and whiners, we all get that. but the peacocks part here i think is a term of art. i don't think they mean peacocks in a generic way, i think they mean in a way that is specific to the treasury. here is what i mean. peacocks as birds are strutters, right? they puff their chests out. they like making a big show of their big fantastic feathers, and no offense to our co
MSNBC
Jan 9, 2013 9:00am PST
slope, curve, cliff discussion, tim geithner was involved, there was a sense jack lew would be involved. they were marginalized towards the end, and as glenn mentions, vice president biden was the guy to sweep in at the last minute to make the deal. congressional republicans sound like they don't really want to work with him. is that a problem for the administration? >> yes and no. the administration has done this in the past, you bring in the heavy to close the deal. it's like when you're trying to discipline your children, don't wait till your father gets home, you can kind of keep jack lew in the background to bring in him. there's a view of having someone who's strong, lew is not a fist pounder. lew derives his authority and respect from the command of the issues, and i don't mean the command of the issues, i mean the command of the numbers. he can dig down, divide fractions in his head. that's why he's a danger and threat to some house republicans. this isn't meant to be negative about the house republicans. they don't simply have sort of the institutional knowledge and me
MSNBC
Jan 8, 2013 2:00am PST
treasury secretary tim geithner said he figured out a way to keep the government defaulting on the debt for two months? not so fast. a new analysis by the bipartisan policy center says the u.s. may default a month earlier than expected. they say the government will likely run out of money to pay its bills between february 15th and march 1st. we hit the $16.4 trillion debt limit on december 31st. the treasury department said they were taking "extraordinary measures" to put off default. the debt ceiling debate is set to be the next big showdown in washington. both republicans and democrats have vowed to hold firm in their position. >>> and speaking of government spending, a report published monday says the obama administration spent $18 billion on immigration enforcement last year, more than on all the other federal law enforcement agencies combined and 15 times greater than immigration spending in 1986. the nonpartisan research group the migration policy institute says immigration has become the government's highest law enforcement priority. among those likely to be unhappy with tha
MSNBC
Jan 10, 2013 12:00pm PST
policy. >> it signals a shift in white house priorities. if confirmed, lew replaces tim geithner whose background helped him navigate the financial vie sis and new wall street regulations and lew spent three years working with wall street the background is in budget fights and matches washington's new focus. lew was an aide to tip o'neill in the '80s helping score the social security deal with president reagan, led the budget office under president clinton and obama and helping not only to balance the budget in the '90s but generate a surplus. two years ago, he helped negotiate the budget control act. politico puts it this way. tim geithner was a banking man tapped to handle a banking crisis. jack lew is a budget guy being brought in to handle the government's fiscal disaster. on the hill, a handful of republicans oppose lew's confirmation but survived the process twice in four years at omb director and deputy secretary of state. we have jake sherman here. we're hearing yet another white man added to a cabinet with quite a few white men and dwindling number of females s. the president
MSNBC
Jan 7, 2013 6:00am PST
lew of management and budget is considered to be tim geithner's most likely successor and that's deputy national security adviser denis mcdonough. anything could change, but those could be the most likely picks. other members of the administration suggest they're heading for the exits and you would assume the stuff starts ranking up in the next week or so. lisa jackson announced her departure at the end of january and rebecca blank who took over in june after secretary bryson went on medical leave. also expected to leave ray lahood and ken salazar and steven chu. likely with appointments of lew and mcdonough you'll hear more voices demanding more diversity in that cabinet, if you will. how does the president end up solving that problem and create a cabinet that, "looks like america." >>> all right, picking a fight over the president's pentagon pick. one thing the left and the right can agree on. chuck hagel may have an uphill battle in the senate. next, we'll get the view from both sides. former romney campaign adviser dan seymour and dan clemens will be here for a debate. >>> fi
MSNBC
Jan 12, 2013 4:00am PST
instruction from treasury secretary tim geithner on his way out. maybe he will give us a date. as we know, washington doesn't do anything without a firm deadline. and even sometimes when we have a firm deadline, we don't see any action. we have the spending bills about to expire that have to be renewed to keep washington running. >> okay. lots to look ahead to, amie and rachel, thank you so much. >> thank you. >> thank you so much. >>> do you think video game violence contributes to violent acts? talk to me on twitter. i'll get to tweets and facebook notices throughout the day. >>> more front page politics, the mayor of newark, new jersey, is explaining how he has evolved to his support of the lgbt community. an op-ed has been republished. he describes the process in a new interview, including how he moved beyond so-called tolerance. >> tolerance in and of itself is an admission that this is not love, not an embrace, not a celebration of diversity. i'm really tolerating you. i'm the first mayor in newark's history to raise the pride flag. formed new jersey's first commission on lgbtq
MSNBC
Jan 8, 2013 7:00am PST
change. tim geithner to jack lou, no change there. john kerry is nominated to replace secretary of state hillary clinton, that's one less woman, the possible replacement with ashton carter, one less minority. and head of the epa lisa jackson, the first black woman to hold that title, her replacement is unknown. of hundreds of senior appoint ees and nominees, 48% were minority or women according to the national journal. and 13 out of 22 of his first cabinet members were diverse. that's a record. but it's not only about ethnicity and gender, the president could potentially nominate the first openly gay cabinet member. he could choose more with business executive experience. his team head count dropped 25% on that measure. age diversity is an issue too. right now two-thirds of obama's team are baby boomers. history shows cabinet choices have lasting effects, madeleine albright's nomination was followed by 15 years of diverse secretaries of state. farther back, president lincoln's cabinet strategy as doris concerns goodwin's book describes, the ideal lives on. and how the choices are a
MSNBC
Jan 6, 2013 9:00am PST
he sends up jack lew, that will be a tough nomination. >> chip, what do you think? tim geithner stepping down. how do you think it's going to impact? do you think, either of you, if the president were to ask tim geithner to stick around at least through that, like, listen, friend, can you extend this another six weeks because i don't want to go through a nomination fight in the middle of all of this as well, don't you think tim geithner would say okay? >> one thing i learned in politics, if the president of the united states asks you to do something, you usually do it. you do it enthusiastically. i think timothy geithner, i agree with what jimmy was saying, i think he knew for a long time he was leaving. they've had a long time to get their successor in place. i think it is going to be jack lew for a variety of reasons. in this fiscal cliff debate, we saw jack on the sideline and not fighting with the senators. think he was saving him for this nomination process. i think it is going to be jack. >> good to see you both. thanks, guys. >>> today's twitter question is how much control should
MSNBC
Jan 5, 2013 11:00am PST
and right after that, possibly right before that with tim geithner's private calculations. >> how real is the concern among congressional democrats that as you crawl from crisis to crisis that it prevents the administration from advancing with long-range policies with regard to imgramigration or gun control. >> i don't think it should. the administration has enormous powers under existing law. for instance, they could institute large parts of the cap and trade bill which passed the house through regulation, through rule making and the president actually did institute a large part of what would have been our bill on immigration, the dream act through administrative action. the president has a lot of power and he should use it to solve the country's problems. >> how would you characterize your last stint in congress. how would you characterize that compared to this upcoming stint? >> well, we did a lot of good for a lot of people, particularly in our district and i think they'll be able to do it again. a lot of the best things that we did in the district had nothing to do with votes on t
MSNBC
Jan 10, 2013 11:00pm PST
. >> well, there is some hope. tim geithner had a messy signature in his past, but on the bill it's completely legible. looks like alexander hamilton. >>> next, aig has thought better about suing the federal government over the terms of the 2008 bank bailout. yes, the same taxpayer funded bailout that brought them $200 billion and saved them from bankruptcy. anyway, before the news of the potential lawsuit, aig launched an ad campaign thanking taxpayers for the bailout money. in light of the planned lawsuit, conan o'brien offered an alternative. >> aig, we said we were going to turn it around, and we did. >> we're now leaner and focused on what we do best. >> a profit of more than $22 billion. >> we turned it around. >> [ bleep ] you, america. >> [ bleep ] you, america. >> [ bleep ] you, america. >> from all of us at aig, seriously america, go [ bleep ] yourselves. >> it's tough to see how they even toyed with the idea of a lawsuit against the same government that saved them from bankruptcy. >>> next, if you're in congress and planning to oppose the next round of victims of hurrican
MSNBC
Jan 10, 2013 9:00am PST
rescuing the people that tim geithner and larry summers who spent their entire lives around. these are the people that -- these wall street companies who were about to all go under if they didn't get billions and billions of dollars tomorrow, and that's what -- >> the political argument that would come from the white house, you hear this a lot when you talk to them privately, and they say publicly to a degree is that all the problems aside with the bailout, they'll acknowledge that things didn't work well, that the mortgage rescue or leaf operations were really bad. that's one of the things that obama says is one of his big regrets of his first term, but putting all that aside, if you didn't prop up the system -- they were basically held hostage. if they didn't prop up the system in some form, all credit would sort of seize up and those start-ups that you would like to see would be even lower and that, yeah, we got into a mess where we're tied into this casino, crazy system, and if you -- but if you let it fall apart by not having these phony bailouts, it's even worse. i'm just won
MSNBC
Jan 5, 2013 3:00am PST
campaign to fix the debt what lies ahead. >>> and report that tim geithner will leave before that battle has many wondering how that could affect the economy. >>> if you think hillary's departure of the secretary of state will leave the country without a clinton on center stage, think again. >>> and "office politics." i talk to al roker from everything from the fiscal cliff to the first one-on-one he scored with the president after his short inauguration. good morning, welcome to "weekends with alex witt." we have front page politics. with the fiscal cliff deal behind us, president obama is turning his attention to the next battle in today's weekly address, the debt ceiling. >> one thing i will not compromise over is whether or not congress should pay the tab for a bill they already wracked up. if congress refuses to give the united states the ability to pay its bill on time, consequences for the entire global economy could be catastrophic. >> meanwhile, during a closed door meeting on friday, john boehner told members of the gop conference he plans to use the upcoming battle over raisin
MSNBC
Jan 4, 2013 5:00pm PST
of statement they want to make will be on the debt ceiling. and ironically, i think if as tim geithner did, the secretary of the treasury, float this idea of abolishing the law that requires a congressional vote, that sort of the ultimate threat that the president has. whether he can get that through or not. but that's the ultimate nightmare for the tea party. >> quickly both of you gentlemen, i want your take on the filibuster reform that is pending. there is a lot of commentary being given in the senate about what should be done. would this make it a toxic atmosphere, eugene, if harry reid goes for the full ball of wax and really smokes them out the way they have been filibustering and changes the rule? what does that do to debt ceiling negotiations, if anything? >> well, i think it probably exacerbates the tensions and the bad feelings in the senate, and where the feelings are not that bad right now. i don't know that he will try to push forward on that. >> what than, howard? >> i think he might try it. i think he is being pushed to try it by liberal constituencies who migh
MSNBC
Jan 11, 2013 9:00am PST
much maybe perhaps the left feels the administration has not pursued its goals. >> he is not tim geithner. geithner really did come from wall street and was a guy who was there to some degree to protect those institutions, and lew is not that. >> meanwhile, governor, we are not -- the person that in theory should be the most controversial, john brennan, the drone program, he took himself out of contention in 2008. nothing has been said about him. >> because he is low key and on the radar screen from the public, and it not one of the big three. >> might check in with rachel maddow. >> i was going to say, i also think it's because there's been an acquessence. >> the republicans like drones. >> bernie sanders is planting a flag in jack lew's -- >> he represents the entire left of the democratic party? >> one wing of the very progressive left. you are just moving it like a very far -- a tad -- i'm not saying anything against senators here on this show, but i think -- >> bernie is a greet graet guy, but it's a tiny little wing. it's probably a little fet zeesh fet other the wing. >> w
MSNBC
Jan 9, 2013 10:00am PST
reporter, not a secretary of the treasury. what i would say, somebody reminded me that tim geithner changed his signature a little bit when he became treasury secretary because he's going to be on the bill. so maybe. >> let's see it again. bring that picture back, because we just showed what it would look like. that is his signature. that's jack lew. if you want to go to him -- he may be a doctor, maybe he has a ph.d. he's not a medical doctor as far as i know. it's got to be the world's worst signature, looks more like a doodle. >> i wonder how he came up with it. >> assuming that's confirmed. one more quick thing, we showed you the picture that the white house photographer took of the president and his top advisers during one of the fiscal cliff deadline meetings in the oval office, and they swear to us that somewhere hidden valerie jarrett is sitting on the desk, so there is a woman somewhere in this picture, but christian, jack lew, assuming jack lew is named treasury tomorrow and there will be a male chief of staff replacing jack lew, where are the women? >> well, andrea, there's no do
MSNBC
Jan 11, 2013 7:00am PST
high stress jobs, tim geithner at treasury, hillary clinton at state who stayed on the whole time. is this a reflection on this president or just how grueling and critical this job has become? >> i think it's a reflection of how grueling and critical the job has become and how tough it is on people. i talked to someone leaving the white house yesterday. i said what are you going to do? i'm going to get a job where i don't have to get up at 5:00 a.m. every day. it never stops, 24/7 and not surprising that people after two years or a year decide they want to do something else. it's very hard on people, particularly people with young kids and families. >> the top contenders for chief of staff are two more white men, den is mcdonough and ronald klain. let me get your reaction to this. >> barack obama is black. >> some of the president's top advisers are women, valerie jarrett, half of the white house staff is women. that's been a diverse cabinet and white house staff. what we're experiencing now is a communications problem more than an actual diversity problem. >> rich, is this an optics
MSNBC
Jan 10, 2013 6:00am PST
formally name his chief of staff, jack lew, to replace treasury secretary tim geithner. a sign the white house expects a big fight over the federal budget lew is the safe pick. he has been confirmed twice by the senate before. just in this administration. if confirmed in time, he can face his first test next month over the debt ceiling. lew is a walk among walks. described in one profile by the huffington post. quote, as harry potter grew up and replaced his magic wand with excel spread sheets. if confirmed lew will be the highest ranking orthodox you don't in government. he grew up in queens. brings his own lunch to work. chose sandwich and an apple which he eats at his desk and still commutes back and forth to new york. catching a train home every friday to spend weekends with his wife. he is well liked in the white house. the p came to depend to the act not many people in washington know the budgeting process. >> jack's economic advice has been invaluable and he has my complete trust both because of his mastery of the numbers but because of the values behind those numbers. >> le
MSNBC
Jan 5, 2013 9:00am PST
. >> this week news broke that treasury secretary tim geithner is going to leave possibly by the end of the month, which means ahead of all of the debt ceiling talks. do you think that would hurt the economy if he's not there to be the one to help sort of, i don't know, keep everything on balance? >> i do worry a little bit about this. there's no clear person who would have been named if he's leaving at the end of the month. the name tossed around most commonly is jack lew. but he's not a clear candidate yet at least. secretary geithner has been very instrumental in talking to the congress for the last couple years about the budget and about the debt ceiling. he was very involved in 2011. he's obviously been very involved the last couple of months. if he leaves, i think we could -- it really depends who takes over for him. but i think we're -- i think we're looking at a lot of big issues to face before march and so it's really going to come down to who that person is that takes over. >> yeah, certainly. have to talk a little bit of football because we always talk about the commercials and t
MSNBC
Jan 11, 2013 3:00am PST
. >> exactly. >> tim geithner who apparently jeff sessions thinks is a great guy, he was at the fed while this stuff was going down. he was part of the clinton administration that deregulated wall street that allowed the whole thing to go down. and yet now he's got gravitas. all of them are tainted, whether it's by bonuses or policy setting. you know, jack lew is one of the less offensive, maybe totally inoffensive thing -- the only thing people are objecting to is the signature. that tells you something. >> what do you make of, say, jeffrey sachs arguing a couple days ago that there's a problem having wall street people going to the treasury because, you know, you've got foxes guarding the henhouse? >> there are two pieces -- actually now like three or four pieces of financial regulation. treasury deals with part of it, but they also have to deal with all sorts of economic policy including maintaining confidence in the financial markets. that used to be one of the big roles that people like bob ruben were to be able to do. there are multiple roles treasury secretary has too do. it isn't
MSNBC
Jan 10, 2013 3:00am PST
were considered failures. tim geithner's tenure has been controversial but i think broadly speaking what he did to write the financial system will be considered a tremendous achievement in the annals of economic policy-making. but again, they are in something of a rut, i think, in their economic policy-making at this point, and particularly in their approach to dealing with republicans. a lot of that, i'd say frankly the bulk of that blame falls on the house republicans and john boehner. but it's nevertheless a case that they just put somebody into the treasury department who they intend to have lead a lot of their budget battles who john boehner at this point essentially refuses to work with. during the 2011 negotiations, they said boehner and the republicans said we just don't want to deal with lew anymore. we don't feel we can get him to say yes to us. now, to some degree that might be because lew is reflecting the will of the president, but i just think there's a kind of a siege mentality a little bit at the white house that's showing up in their appointments, which is understan
MSNBC
Jan 5, 2013 4:00am PST
geithner. i think that will have a big affect on stock markets and on the country's credit rating. i think it will have less of an effect on jobs initially. >> interesting. that much on tim git neareithne departure. the rich are getting richer. the richest added $241 billion to their value. where are they finding their fortunes? >> great question. three main places where we're seeing the rich getting richer. first in emerging markets. a lot of very rapid wealth creation happening. i think that's adding a lot more billionaires to these lists. the second is the fact that real estate values, especially state side, are starting toic tick up. a lot of billionaires have a lot of real estate. and all of the major stock market indexes have been up in the past year. a trend we've been seeing and hearing about. forbes has been tracking this closely for the past year. we'll see it continue next year. we're actually getting ready to release our billionaires list in march. we'll see some newcomers this is a story that continues. >> for sure. how about the arab based al jazeera buying al gore's channel
Search Results 0 to 32 of about 33 (some duplicates have been removed)